New ownership structure for TikTok’s U.S. business amid mounting government pressure. According to sources cited by CNBC, Oracle, Silver Lake, and Abu Dhabi’s MGX will collectively hold about 45% of TikTok USA, while ByteDance, the app’s Chinese parent company, retains 19.9%. The remaining 35% will be split among other ByteDance investors and new stakeholders. The restructuring is a response to U.S. legislation demanding that ByteDance divest its U.S. TikTok operations due to national security concerns.
President Donald Trump is expected to sign an executive order supporting this arrangement, and he has previously extended TikTok’s divestiture deadline to December 16. Notably, the federal government will not take an equity stake in the company. The new U.S. entity will have a board with a majority of American members, with Oracle overseeing security operations. Among major investors are Republican donor Jeff Yass and firms like General Atlantic and Sequoia. The article highlights these details as an example of how international tech companies can adapt to regulatory demands while maintaining business continuity in key markets (“Oracle, Silver Lake and Abu Dhabi’s MGX will be main investors in TikTok’s U.S. business, sources told CNBC’s David Faber on Thursday”; “Those three entities will control roughly 45% of TikTok USA”).
Reference
Levy, A. (2025, September 25). Oracle, Silver Lake & MGX main investors in TikTok U.S., sources say. CNBC. https://www.cnbc.com/2025/09/25/oracle-silver-lake-mgx-tiktok.html